Sony announced today that it plans to cut a whopping 2,000 jobs in Japan—and it appears that their head office will be bearing the brunt of it. In addition, the layoffs are being put under the categorical umbrella of “early retirement.”

According to a report from The Next Web, 20% of Sony’s head office will be cut, saving the company a substantial amount of money. Sony projects that they will end up saving 30 billion yen ($378 million) on a yearly basis thanks to the layoffs.

It’s clear that Sony isn’t doing too well financially, having to shutdown both Sony Liverpool and Zipper Interactive earlier this year. While consolidation is hardly a bad thing, it’s unfortunate that so many people have to lose their jobs in the process.

Let’s hope that this is the last of it we see for the rest of 2012. After all, there’s always a chance Sony will find a way out of this gaping hole they’ve dug themselves into, right? RIGHT?!